Thomas Lee of Fundstrat Global Advisors says FAANG stocks are up by almost 60%, and investors should be risk-on this year.
FAANG stocks have done a lot of heavy lifting, research firm says
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Thomas Lee of Fundstrat Global Advisors says FAANG stocks are up by almost 60%, and investors should be risk-on this year.
How can someone make no connection between higher rates and lower inflation – and the state of the economy and chances of earnings growth? If inflation stops, the economy is dead, if it doesn’t rates go higher – so how exactly in FANG a good bet at this price?
I think they’re the safest bet because of balance sheets. I wouldn’t go all in now, but I’d dollar cost average.
Tom had been right.
Like it or not
Stocks go more likely up than down… This doesn’t say anything about the quality of the analyst. Even a perma-bull dog (!) would be right in 2/3 of his “analysis”
Permabull